Volume of Retail Trade in March Down Slightly in EU, Croatia Sees Strong Growth
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Loading... - Marija Vukovic
- 05 May 2022
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In March, the seasonally adjusted volume of retail trade decreased by 0.2% in the EU and by 0.4% in the euro area compared with February, when it increased by 0.3% and 0.4% respectively.
The volume of retail trade in the EU and euro area dropped the most at petrol stations, by 3% and 2.9% respectively.
The retail sale of non-food products also decreased, by 0.7% in the EU and 1.2% in the euro area.
An increase in the volume of retail trade was reported only for food products, beverages and tobacco, of 0.6% in the EU and 0.8% in the euro area.
Among the Member States for which data are available, the highest increases were observed in Slovenia (+11.4%), Latvia (+11.1%), and Hungary (+7.3%).
Croatia registered a month-on-month increase in the volume of retail trade of 4.0%, the strongest increase since November 2020. In February it increased by 0.8%.
The largest monthly decreases in the total retail trade volume were registered in Spain (-4.0%), Luxembourg (-3.3%) and France (-1.9%).
The highest year-on-year increases in the total retail trade volume were registered in Slovenia (+25.6%), Estonia (+18.4%) and Malta (+16.4%).
The largest decreases were observed in Denmark (-11.0%), Spain (-4.8%), and Belgium (-3.9%).
The volume of retail trade in Croatia in March increased by 5.5% year on year after a 0.7% decrease in February. Read More...
